Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/45637 
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dc.contributor.authorStiefenhofer, Pascalen
dc.date.accessioned2011-05-24T09:55:00Z-
dc.date.available2011-05-24T09:55:00Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/45637-
dc.description.abstractThe paper generalizes the natural projection approach introduced by Balasko (1988) for the study of the qualitative equilibrium structure of exchange economies to a two period private ownership production model with uncertainty. It shows that long run equilibrium properties of the production model are those of the pure exchange economy with production adjusted demand functions. Associated with every long run equilibrium there exist a finite, odd number of short run equilibria.en
dc.language.isoengen
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen
dc.relation.ispartofseries|aEconomics Discussion Papers |x2011-10en
dc.subject.jelD62en
dc.subject.jelD52en
dc.subject.jelD53en
dc.subject.ddc330en
dc.subject.keywordexistence of equilibriumen
dc.subject.keyworduncertaintyen
dc.subject.keywordproductionen
dc.subject.stwGleichgewichten
dc.subject.stwAllgemeines Gleichgewichten
dc.subject.stwTheorieen
dc.titleThe natural projection approach to production and uncertainty-
dc.typeWorking Paperen
dc.identifier.ppn657916404en
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.enen
dc.identifier.repecRePEc:zbw:ifwedp:201110en

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